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Abcourt Mines Reports High-Grade Gold Intersections

Abcourt Mines Reports High-Grade Gold Intersections

Abcourt Reports 125.7 g/t Au Over 0.5m at Sleeping Giant Mine

Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) is excited to share the latest results from its underground diamond drilling campaign at the Sleeping Giant mine.

To enhance the mining plan for a prefeasibility study and to kickstart production, Abcourt has successfully completed 33 underground drilling holes, totaling 3,650 meters, from December to July.

Zone 20 West is poised to be one of the first areas to enter production. In this sector, 11 holes were drilled, covering 1,118 meters, to better understand the dimensions and grade of the planned stope.

Abcourt is now announcing results from 6 drill holes that total 641 meters drilled in Zone 20 West, starting from level 235, with results from an additional 5 holes still pending.

Key highlights from these results include:

  • 125.67 g/t Au over 0.5 meter in hole 23-489.
  • 46.08 g/t Au over 1 meter in hole 23-485.

The impressive results from the drilling at Zone 20 West confirm the presence of high-grade gold values.

The analysis highlights included in this announcement indicate the strong potential of the Sleeping Giant mine.

Drilling Results from Zone 20 West

The detailed results reveal significant intersections, especially in holes 23-485 and 23-489, which confirm the high grades of the main vein (vein 1) previously encountered in earlier drill holes.

Drilling Methodology and Findings

Data from the drilling indicates that:

  • Holes 23-485 and 23-489 confirm the high grades of the main vein (vein 1) found in earlier holes.
  • Holes 23-486, 23-488, and 23-490 establish the western boundary at the bottom of the planned stope.
  • Future drilling will aim to further define the upper and western limits of the stope.

Discovery of Additional Vein

Additionally, a second vein (vein 2) has been discovered, located 30 meters north of vein 1, which has been intercepted by several drill holes. Notable intercepts include:

  • 6.71 g/t Au over 2.6 meters including 16.97 g/t Au over 0.6 meters in hole 23-487.
  • 50.19 g/t Au over 0.6 meters in hole 23-444 (from a previous campaign).

The extension of vein 2 will be a key focus for future exploration and drilling efforts.

Quality Control and Oversight

All drilling and analysis preparations adhered to strict quality control protocols, overseen by qualified personnel, ensuring the reliability and accuracy of the results.

Analysis was conducted at both the in-house laboratory at the Sleeping Giant mine and at external accredited laboratories, utilizing advanced techniques to guarantee precision in assay results.

Management and Future Plans

Mohamed Haithem Bennia, Superintendent of Geology, highlights the commitment to optimizing production through ongoing drilling and modeling efforts, which aim to produce quality ore for the upcoming phases of production.

About Abcourt Mines Inc.

Abcourt Mines Inc. is a Canadian gold exploration corporation with strategically positioned properties in northwestern Quebec. The Corporation fully owns the Sleeping Giant mill and mine, focusing on maximizing potential while ensuring responsible extraction practices.

Frequently Asked Questions

What were the key findings from the recent drilling campaign?

The campaign revealed significant gold intersections, including 125.67 g/t Au over 0.5m in hole 23-489.

What is the main focus of future drilling at the Sleeping Giant mine?

Future drilling will concentrate on defining the upper and western limits of the Zone 20 West stope and further exploring the additional vein that has been identified.

Who oversees the drilling and analysis at Abcourt Mines Inc.?

The drilling and analysis are supervised by qualified professionals, including Mohamed Haithem Bennia and Pascal Hamelin, ensuring compliance with regulatory standards.

What quality control measures does Abcourt implement?

Abcourt employs comprehensive quality assurance practices, including the use of certified reference materials and duplicate samples, which are analyzed at both internal and external accredited laboratories.

How does the Corporation plan to increase production at the Sleeping Giant mine?

Abcourt intends to enhance production through continuous drilling and modeling to ensure a consistent quality of ore supply while meeting production targets.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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